Hi, I think you should definately take it. If you were out of work and you fell and broke a leg for example. YOu would be compensated for loss of work and the doctors bills would be taken care off. I had it for 7 years and never used it. But…you never know. anyhow good luck in your decision sue:)

Just ask yourself where the money would come from if …….

I had a terrible car accident
My house burned down
I get cancer
I have a back injury and can’t work
I die

I guess you are right…. Insurance is a scam.

CTU, you are 5 times more likely to need disability benefits than death benefits. Even if you have a life policy, the insurance company may NOT pay out an accelerated death benefit to help with the a loss of income. Consider someone in an accident that becomes disabled (can no longer work due to head injury) and still has a long life expectancy. Would a term policy pay?

A complete financial plan needs to address both death and disability. Anything less is just rolling the dice.

Yes, it is priority in financial planning to get disability insurance and make sure that the benefits are enough to support you and your family in case of disability. Check with financial planner and he well make you good plan.

Its not worth getting a disability insurance. The chance of you becoming disabled is very low. If you have life insurance and you become disabled for whatever reason, you can use some of the death benefit to pay off your bills (but you usually have to wait 6 months before you get the money)